Global University Venturing

Dedric Carter has been appointed as Washington University in St Louis first vice chancellor for innovation and chief commercialisation officer.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Stanford spinout Snorkel AI has now raised $135m overall and pushed its valuation to $1bn, thanks to commitments from investors like GV.

Strathclyde spinout Smarter Grid Solutions has been bought by Mitsubishi Electric for an undisclosed figure.

E14 Fund is an existing backer of Elroy Air, although it did not return for the $40m series A round.

UPMC Enterprises has participated in a $20m series A round for healthcare data management company Smile CDR.

Evonik has bought one of its existing portfolio companies, Friedrich Schiller University Jena spinout JeNaCell, for an undisclosed sum.

Imec.xpand has returned for a $16m series B round that will allow Spectricity to accelerate the development of its sensors and imagers.

University of Oxford’s genetic therapeutics spinout has secured the crossover funding eight months after a series A round also backed by OSI.

Main Sequence Ventures has contributed to a $53.3m series B-plus for V2Food, having already backed the initial $55m series B round last October.